Nov 15, 2021 04:11 PM IST
- Oct 20, 2021 09:40 AM IST
According to data accessed by Tofler, Patanjali Ayurved’s revenue in the financial year 2021 grew by 9 percent to Rs 9,872 crore.
- Oct 01, 2021 07:03 PM IST
The regulator needs to ask how Ruchi Soya's valuation has been so pliant.
- Sep 30, 2021 04:59 PM IST
In a video that went viral recently, the yoga guru could be seen telling his followers that by investing in Ruchi Soya stocks, they can rake in crores. SEBI has sought an explanation from the merchant bankers. The company’s FPO is set to be launched soon.
- Aug 19, 2021 08:38 PM IST
In 2020-21, India consumed 8.76 million tonnes of palm oil, while domestic production was only around 200,000 tonnes. India is one of the largest consumers of edible oil owing to its population.
- Aug 16, 2021 10:40 AM IST
More than half the amount raised will be used to pare the company's huge debt burden. The FPO will help the company comply with SEBI’s minimum 25 per cent public shareholding norm in a listed entity
- Aug 11, 2021 09:10 AM IST
Adani Wilmar and Ruchi Soya are coming to the public issue market at the same time to raise almost similar amounts
- Jul 27, 2021 02:08 PM IST
As Ruchi Soya files for an FPO, Moneycontrol’s Karunya Rao caught up with Baba Ramdev, Founder, Patanjali Group and Sanjeev Asthana, CEO, Ruchi Soya, to understand the company’s plans to expand capabilities and market share further, how they plan to use the FPO proceeds and the roadmap for Patanjali’s impending IPO.
- Jun 18, 2021 03:18 PM IST
If Ruchi Soya fails to repay the loan, lenders can invoke the personal guarantees and LoCs issued by Patanjali promoters, including Balkrishna. Ruchi Soya has to pay back around Rs 824 crore by the financial year 2025 and Rs 1,553 crore by 2029.
- Jun 17, 2021 03:47 PM IST
The growing business links between Ruchi Soya — on manufacturing, brand licensing and distribution — and Patanjali Ayurved could pose a concern for investors
- Jun 15, 2021 04:53 PM IST
Currently, Patanjali Ayurved Limited, Yogakshem Sansthan, Patanjali Parivahan Private Limited and Patanjali Gramudyog Nayas hold 98.87 percent of Ruchi Soya's pre-Issue paid-up capital.
- Jun 13, 2021 05:31 PM IST
Ruchi Soya said that the issue committee constituted and authorised by its board has approved raising of funds by way of further public offer of equity shares of the company.
- May 19, 2021 02:09 PM IST
Yoga guru and entrepreneur, Baba Ramdev gets candid on his much-talked-about comment on oxygen, running out of Coronil stock and his company’s goal to achieve Rs 1 lakh crore in turnover over the next 5-10 years
- Mar 19, 2021 11:15 PM IST
The entities are — Aventis Biofeeds Pvt Ltd (now amalgamated with Immix Trade Pvt Ltd), Navinya Multitrade Pvt Ltd, Uni24 Techno Solutions Pvt Ltd, Sunmate Trade Pvt Ltd, Shreyans Credit and Capital Pvt Ltd, Betul Oils and Feeds Pvt Ltd and Betul Minerals and Constructions Pvt Ltd.
- Feb 10, 2021 11:22 PM IST
- Aug 20, 2020 11:33 AM IST
Ram Bharat has been appointed as Managing Director of Ruchi Soya till December 17, 2022.
- Jun 29, 2020 09:55 AM IST
- Jun 27, 2020 08:27 AM IST
Haridwar-based Patanjali group, which owns a 98.87 percent stake in Ruchi Soya, acquired the company in a corporate insolvency resolution for around Rs 4,500 crore in September 2019.
- May 26, 2020 09:30 AM IST
The share had been locked in the upper circuit for 74 straight sessions prior to May 19's fall.
- Dec 23, 2019 07:55 AM IST
Baba Ramdev’s stepped into the listed space by acquiring Ruchi Soya. How should investors interpret it?
- Dec 20, 2019 08:18 AM IST
Patanjali Ayurved on Wednesday completed its first big acquisition by paying Rs 4,350 crore to take over soya food brand Nutrela-maker Ruchi Soya through an insolvency process.
- Dec 19, 2019 08:17 AM IST
Sources said Patanjali settled Rs 4,350 crore of dues Ruchi Soya had towards financial creditors by infusing Rs 1,100 crore equity and arranging another Rs 3,250 crore via debt.
- Dec 16, 2019 03:29 PM IST
The National Company Law Tribunal (NCLT) in July cleared Patanajali Ayurveda’s takeover of Ruchi Soya under IBC.
- Nov 29, 2019 08:05 PM IST
Patanjali also said it has got loans of Rs 1,200 crore from SBI, Rs 700 crore from Punjab National Bank, Rs 600 crore from Union Bank of India, Rs 400 crore from Syndicate Bank and Rs 300 crore from Allahabad Bank.
- Nov 20, 2019 10:12 PM IST
In September this year, Patanjali Ayurved had received approval of the National Company Law Tribunal (NCLT) to acquire Ruchi Soya, which went into an insolvency in December 2017.